Business Report: Payrolls Jump 165,000 as Nasdaq Rebounds 1% After AI Rout, Nov. 6, 2026
Business report November 6, 2026: payrolls jump 165,000, Nasdaq rebounds 1% after the AI rout, oil logs a steep weekly drop and China blocks SoftBank.
World News, Politics and War, Reported from Boston
Markets coverage from The Boston Report on stocks, IPOs, earnings and investor sentiment, with plain-language context for the moves. Not investment advice.
Business report November 6, 2026: payrolls jump 165,000, Nasdaq rebounds 1% after the AI rout, oil logs a steep weekly drop and China blocks SoftBank.
Geopolitics and business report, Nov. 5, 2026: oil rebounds on Hormuz tanker risk, Democrats gain leverage over Iran war money, China trade talks loom.
Business report November 5, 2026: the Dow sinks 1,833 points and the Nasdaq enters a correction as AI stocks crash, oil rebounds and the Bank of England hikes.
Geopolitics and business report, Nov. 4, 2026: defense stocks slide, Iran warns Washington, euro inflation hits 4% and China tightens its grip on rare earths.
Business report November 4, 2026: the Dow jumps 1,569 points after Democrats sweep Congress, oil sinks 8%, CVS plans a breakup and Boston’s Wayfair surges.
Booking Holdings cut Q3 revenue by $900 million over a likely FTC settlement involving Priceline, while gross bookings rose 10% to $54.5 billion.
Wayfair earned $62 million in Q3 2026 vs. a $99 million loss a year ago as revenue rose 9.7% to $3.42 billion and U.S. sales grew 11.4%.
Block earnings: Q3 adjusted EPS of $1.13 and $3.24 billion gross profit beat forecasts; Block raised its 2026 outlook and set a $14.52 billion 2027 goal.
ARRAY Shoals merger: the solar suppliers will combine in an all-stock deal valuing Shoals near $1.32 billion, with Shoals holders owning 65%. Terms and data.
Novo Nordisk earnings: Q3 sales of 79.2 billion kroner beat forecasts as the Wegovy pill took in 5.4 billion, and Novo raised its 2026 outlook. Data inside.